PwC has selected Canary Wharf for its new UK headquarters, agreeing to take 350,000 square feet at One Eden in east London while renovating its current offices. The Big Four accountancy firm will occupy the building formerly known as 33 Canada Square as part of a broader London property strategy. Its existing lease at Embankment Place expires in 2030.

The firm currently houses 5,500 employees at Embankment Place and another 7,000 at More London, though it has not specified how many will relocate to the new Canary Wharf location. PwC spent months searching for suitable premises in the capital, also considering Edge Liverpool near Shoreditch. Future occupancy decisions will unfold over coming years as the company reassesses its London footprint.

All Big Four firms are rethinking office strategies after pandemic-era assumptions proved outdated. Rising office attendance has prompted a shift back toward traditional workspaces. PwC already implemented a traffic-light dashboard to monitor employee pass swipes, while Deloitte reversed course in 2024 by adding central London space less than two years after cutbacks.

Canary Wharf has attracted several blue-chip tenants recently. Barclays purchased its London headquarters there for £750 million, JPMorgan is constructing its own tower, and Visa is taking over Moody's former space. The district has expanded amenities including restaurants, bars, and recreational facilities to lure both office and residential tenants. PwC's move signals renewed confidence in the Docklands as London's primary business district.